Only 10% of cities have regular rental inspection programs. Most wait until an issue's already cropped up before they have their property looked at.
There are several types of inspections you could perform, including one right before they sign their lease, one when they move in, and one when they move out. Periodic inspections in between are an important part of property management. They prevent issues before they start and keep them from becoming serious.
It's illegal to enter a rental property without giving your tenants proper notice, so let them know you're coming in and what you're there to do. Read on to learn about 5 essential areas that need to be included in all rental property inspections.
1. Exterior and Interior
Start your property inspection outside the building. Check for problems with the:
- Siding
- Gutters
- Roof
- Chimney
- Foundation
- Doors
- Windows
Look for structural issues such as bowing or sagging. Check the yard for leaning trees, termite rot, or standing water.
Go inside to look at the walls and make sure they're not bowing or sagging. Check for signs of mold or mildew.
Go up to the attic and down to the basement. Look for signs of water damage and insulation or ventilation problems.
2. Plumbing
Check the water pressure in every room. Make sure there's proper drainage in every sink and bathroom. Try to spot any leaks. Go to the water heater and check its condition and age to ensure it doesn't need to be repaired or replaced.
3. Electricity
Try all the switches to make sure that they're safe and working properly. Look at the electrical panel to see what type it is and whether the wiring is safe.
4. HVAC
Look at the type of HVAC system and its condition. See if it's providing proper airflow and if its air filter is working.
The system's service records will be one of your best tools. If it hasn't been serviced in years, let your tenants know and bring a professional over.
A simple change such as replacing a dirty air filter can lower an air conditioner's energy consumption by 5-15%. This improves airflow and lowers energy bills, a win-win for you and your tenants.
5. Appliances
Look at all of the rental property's most important appliances, such as the fridge and washing machine. Look at their age and condition.
Check that all the wires are grounded correctly. Make sure that essential parts such as exhaust fans and electrical plugs are working as expected.
Where to Find Professionals to Help With Rental Property Inspections
Rental property is a common investment, but many landlords only inspect them when tenants move in and move out. Failing to check on it in the meantime can let serious issues.
Periodic rental property inspections start with checking for signs of damage inside and outside the property. Look at the HVAC system and check its service records. Make sure the appliances, plumbing, and electricity are in working order.
Maryland Property Management is here to help with your real estate investment. Contact us today to see how we can take some of the duties it comes with off your shoulders.